Inspection of Property from Funding Agreement
This Pre-Merger Loan and Funding Agreement (hereinafter the "Agreement") is entered into and shall become effective as of February 26, 2015, by and between VICTORY ENERGY CORPORATION, a Nevada corporation ("Victory"), and LUCAS ENERGY, INC., a Nevada corporation ("Lucas"). Victory and Lucas are referred to individually as a "Party" and, collectively, as the "Parties."
Inspection of Property. Until the Note has been paid in full, Lucas shall permit any representative designated by Victory, upon reasonable notice and during normal business hours, to (i) visit and inspect any of the properties of Lucas or any subsidiary thereof, (ii) examine the financial records of Lucas or any subsidiary thereof and make copies thereof or extracts therefrom and (iii) discuss the affairs, finances and accounts of Lucas or any subsidiary thereof with the officers, key employees and independent accountants of Lucas or any subsidiary thereof.